TechFlow news — global investment firm VanEck believes that Ethereum ETFs could attract massive demand.
VanEck portfolio manager Pranav Kanade said: "From a market perspective, I partly believe the spot Ethereum ETF market could be as large as, if not larger than, the spot Bitcoin ETF market."
Kanade explained: "There's a huge number of investors looking for income-generating assets, and ETH clearly generates fees that flow back to token holders. Even without an ETF offering staking services, it's still a yield-bearing asset, so I think ETH as an asset may make more sense to more people than Bitcoin."
Add to Favorites
Share to Social Media
